Keystone Global Partners LLC Reduces Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

Keystone Global Partners LLC lowered its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 21.6% in the first quarter, HoldingsChannel.com reports. The fund owned 83,397 shares of the exchange traded fund’s stock after selling 23,037 shares during the quarter. Vanguard Mortgage-Backed Securities ETF comprises about 1.7% of Keystone Global Partners LLC’s investment portfolio, making the stock its 19th biggest holding. Keystone Global Partners LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $3,915,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Bank of America Corp DE increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 8.4% during the 3rd quarter. Bank of America Corp DE now owns 57,618,720 shares of the exchange traded fund’s stock worth $2,705,775,000 after purchasing an additional 4,468,416 shares in the last quarter. Focus Partners Wealth purchased a new position in Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth $113,419,000. Stifel Financial Corp raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 32.3% in the fourth quarter. Stifel Financial Corp now owns 8,298,375 shares of the exchange traded fund’s stock worth $390,688,000 after acquiring an additional 2,026,709 shares during the last quarter. Alesco Advisors LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF in the fourth quarter worth $71,911,000. Finally, Wells Fargo & Company MN lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 10.3% in the fourth quarter. Wells Fargo & Company MN now owns 9,007,305 shares of the exchange traded fund’s stock valued at $424,064,000 after acquiring an additional 843,178 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of NASDAQ:VMBS opened at $46.57 on Thursday. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $45.69 and a 52-week high of $47.90. The stock’s fifty day simple moving average is $46.73 and its 200-day simple moving average is $47.01.

Vanguard Mortgage-Backed Securities ETF Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st will be issued a $0.1645 dividend. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date is Wednesday, July 1st.

Vanguard Mortgage-Backed Securities ETF Profile

Vanguard Mortgage Backed Securities ETF (the Fund) seeks to track the performance of a market-weighted, mortgage-backed securities index. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. MBS Float Adjusted Index (the Index). The Index covers the United States agency mortgage-backed, pass-through securities issued by Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).